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12 Jul 2024

Budget 2024: Nithin Kamath On How India Can Create More Startup Entrepreneurs

The section offers tax exemptions on the capital gains earned from the sale of any asset if the proceeds are reinvested in a residential property.

12 Jul 2024

Raghuram Rajan's Advice Days Before Nirmala Sitharaman's Budget

Rajan highlighted the importance of improving education and healthcare services in India.

10 Jul 2024

Government Employees' Union Presents Demands Ahead Of July 19 Protest

Restoring the commuted portion of the pension after 12 years instead of the current 15 is among the union's key demands.

12 Jan 2023

Union Budget 2023: Insurance sector demands lowering of GST

Additionally, in the health insurance category, there should be a larger deduction limit for health insurance premiums in Section 80D of the Income Tax, says Insurance sector.

24 Dec 2022

Budget 2023: PAN card may not be required for THESE transactions soon

Financial transactions where a PAN is not provided are currently liable to 20 percent TDS. Some banks want the Income Tax Act to be changed in order to eliminate the confusion and needless duplication that the current system causes. According to banks, Aadhaar numbers are pre-populated into practically all individual accounts.

28 Nov 2022

A ration shop for raw materials: MSME Association Budget 2023 wish

AIE also wants payment of salaries to the interns. The association wants to bring SIDBI under MSME. The AIE demands the abolition of capital gains tax on properties sold by micro-entrepreneurs.

Indian Budget 2014-15

05 Jul 2014

PwC seeks scrapping of minimum alternate tax in Budget

Consultancy firm PwC has called for removal of minimum alternate tax (MAT) in the coming budget as a sop for the IT industry.

Indian Budget 2014

05 Jul 2014

Bring policy to check API import from China: IPA to govt

The India Pharmaceuticals Association (IPA) urged the Finance Ministry to come up with a policy framework with regard to incentives to drug innovation and ease dependence on import of essential APIs (Active pharma ingredients) from China.

30 Jun 2014

CREDAI seeks tax sops on affordable homes, lower interest rate

Realtors body CREDAI Monday sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 percent in their budget wish-list to boost growth in the sector.

10 Jun 2014

FHRAI asks govt to rationalise taxes in hospitality sector

FHRAI also said the GST should subsume, without any exceptions, all central and state-level indirect levies (including luxury tax, entry tax etc) and a composite tax rate applicable to the tourism sector under GST to be capped at 8 percent.

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